| Goods |
Shwarzman highlighted how the Incubators Program of the Israel Innovation Authority, which MindUP is part of, was started by the Israeli government. For MindUP, this has meant that 85% of the over US $700,000 they provide to each company in their incubator is funded by the government. Beyond financial support, MindUP provides administrative, legal and technological support. Shwarzman assuaged audience members that MindUP not only provides funding but is held accountable for companies meeting their milestones and using their funding wisely: “We have designed the incubator to provide them access, technology, network and more in order to make them more successful.” |